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Destination Cleveland’s approach to promote the NFL Draft (and the city)

Destination Cleveland’s approach to promote the NFL Draft (and the city)

by CRE Development Capital | May 3, 2021 | Cleveland, OH

Weekend visitors, meeting planners, even potential residents – they’re all being targeted as Destination Cleveland gears up to sell the city during the NFL Draft this month. The region’s tourism bureau recently launched a multi-phase marketing approach for the event,...
BrewDog – Flats in Cleveland, to include outdoor seating, fire pits, playground, and dog park

BrewDog – Flats in Cleveland, to include outdoor seating, fire pits, playground, and dog park

by CRE Development Capital | Apr 21, 2021 | Cleveland, OH

  The Scottish-based craft brewery Brewdog announced details of their “massive outdoor beer garden and outdoor space on the river” at a recent meeting of the Cleveland Planning Commission on Friday, April 16th. The 10,000 square foot brewpub is slated to occupy...
Cleveland Public Libraries to get $100 million in upgrades funding

Cleveland Public Libraries to get $100 million in upgrades funding

by CRE Development Capital | Apr 21, 2021 | Cleveland, OH

  Dwayne Price will miss the old Hough Branch library, but he’s looking forward to the new one, coming soon in a roughly $100 million project to upgrade every Cleveland Public Library branch. Price has visited Hough about four times a week for the past 17 years....
INTRO apartment project in Ohio City to feature “mass timber” construction

INTRO apartment project in Ohio City to feature “mass timber” construction

by CRE Development Capital | Apr 5, 2021 | Cleveland, OH

  In a no-touch world of glowing screens, Zoom calls, and virtual reality, it’s encouraging to see something indisputably authentic that you can rap your knuckles on — like a big building made of good old wood. Authenticity is one of the big ideas behind Intro, a...
Why companies are building second headquarters in Ohio

Why companies are building second headquarters in Ohio

by CRE Development Capital | Mar 24, 2021 | Cleveland, OH

As Ohio goes, so goes the nation. Up until 2020, that adage accurately described the state as a bellwether for presidential elections. But it’s also an apt depiction of Ohio as a microcosm of 21st-century America. With three major metropolitan areas—and a handful of...
Cleveland area hotels and hospitality industry ramp up for NFL Draft

Cleveland area hotels and hospitality industry ramp up for NFL Draft

by CRE Development Capital | Mar 24, 2021 | Cleveland, OH

CLEVELAND, Ohio — For more than a year, Cleveland hotels have sat nearly empty, sidelined by the coronavirus pandemic. All of a sudden, next month, they’ll be full again – and in the national spotlight, as Cleveland welcomes thousands of football fans for the NFL...
iHeartMedia to move headquarters to downtown Cleveland

iHeartMedia to move headquarters to downtown Cleveland

by CRE Development Capital | Mar 24, 2021 | Cleveland, OH

CLEVELAND, Ohio — National radio giant iHeartMedia will move its regional office from the suburbs to downtown Cleveland, renovating a space along Euclid Avenue and adding a broadcast studio facing the street. iHeartMedia Cleveland plans to move its headquarters in the...
Cleveland developers continue to build thousands of apartments during COVID-19 pandemic

Cleveland developers continue to build thousands of apartments during COVID-19 pandemic

by CRE Development Capital | Feb 24, 2021 | Cleveland, OH

The Cleveland area continues to see thousands of new apartments each year, a pace that has not slowed even through an economy ravaged by the coronavirus pandemic. Construction of new buildings, renovations of old ones and plans for future projects continued at a rapid...
IRS extensions for Opportunity Zone investments COVID relief

IRS extensions for Opportunity Zone investments COVID relief

by CRE Development Capital | Feb 24, 2021 | Arizona, Cleveland, OH, Opportunity zones

On January 19, 2021, the IRS published Notice 2021-10 that details a number of extensions related to Opportunity Zone investments due to the ongoing COVID 19 pandemic. These expand on the extension granted on June 4, 2020, titled, Notice 2020-39. The following...

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    CRE Development Capital

    We are a real estate development and investment firm focused on mixed use and multi-family, industrial, and storage development opportunities in the U.S., including opportunity zones.

     

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    Lawrence Jatsek

    Managing Partner

    Lawrence has been involved in real estate investment and development for over 30 years as the CEO of a general contracting and development company which included, general contracting of complex projects and ground up development predominantly in the San Francisco Bay Area. Lawrence has also had substantial involvement on hundreds of millions worth of real estate assets, involving high-rise, commercial and residential construction projects.

    Dwight Alexander

    Managing Partner

    Mr. Alexander served 22 years as a Senior Vice President of a wholesale banking institution with over $180 billion in assets. During his banking career Mr. Alexander was responsible for representing the Bank before Congress, The White House, Treasury and banking regulators. Prior to that, Mr. Alexander spent 12 years as an investment banker and financial advisor for professional sports teams, states and local governments. Mr. Alexander specialized in the financing of stadiums, sports facilities and large transportation infrastructure. In that capacity he structured and managed the issuance of over $10 billion in debt securities. He served as lead financial advisor or lead banker on 13 stadium and arena projects including the, Tennessee Titans stadium, Oakland Coliseum (arena and stadium), Camden Yards (baseball and football), the New Boston Garden, and the Phoenix Suns arena. He also served as lead financial advisor to the Bay Area Rapid Transit District (BART) on their SFO extension project as well as other general infrastructure and housing projects. Prior to his work in banking Mr. Alexander was a judicial clerk to the Honorable Linda Taliaferro, Chairman of the Pennsylvania Public Utilities Commission and served on the economic development policy staff of the Honorable Rudy Perpich, Governor of the State of Minnesota.

    Lawrence Jatsek

    Managing Partner

    Mr. Jatsek has been involved in real estate investment and development for over 30 years. Mr. Jatsek worked as a laborer and carpenter during his high school and college days gaining invaluable hands on field experience which laid the groundwork for the next 27 years in the real estate industry. After obtaining a degree in Business and Operations Management from The Ohio State University, he moved to California where he worked with large commercial contractors before starting his own general contracting and development company which included, general contracting of complex projects and ground up development in the San Francisco Bay Area. With substantial involvement on over 155 million worth of real estate assets, Mr. Jatsek brings extensive experience in real estate investment and development involving highrise, commercial and residential construction projects. He has developed and exited over $35 million worth of assets of his own real estate development projects. Mr. Jatsek holds a BS in Business Administration and Operations Management from The Ohio State University, is a licensed general contractor and a licensed real estate professional.

    Lawrence Jatsek

    Managing Partner

    Mr. Jatsek has been involved in real estate investment and development for over 30 years. Mr. Jatsek worked as a laborer and carpenter during his high school and college days gaining invaluable hands on field experience which laid the groundwork for the next 27 years in the real estate industry. After obtaining a degree in Business and Operations Management from The Ohio State University, he moved to California where he worked with large commercial contractors before starting his own general contracting and development company which included, general contracting of complex projects and ground up development in the San Francisco Bay Area. With substantial involvement on over 155 million worth of real estate assets, Mr. Jatsek brings extensive experience in real estate investment and development involving highrise, commercial and residential construction projects. He has developed and exited over $35 million worth of assets of his own real estate development projects. Mr. Jatsek holds a BS in Business Administration and Operations Management from The Ohio State University, is a licensed general contractor and a licensed real estate professional.